Investment Q&A

Q: Hi 5i team :
Kroll Ball rating agency commented about TAH (USa branch of Tricon) the below note. As shareholders, should we worry now about this note ? or it is an issue to deal with in 2019 . Thanks !!

"It is worth noting that one TAH securitization and the Silver Bay deal are each collateralized by a floating-rate loan with a fully extended term of five years and the other TAH securitization is collateralized by a fixed-rate loan with a five-year term, all of which will come due from September 2019 to November 2021. This concentrated debt maturity profile may result in increased financial stress for the company."

Q: This security matures in 2018. I bought it during the DH drop as I thought it would be more secure and it pays 6% as well. Now that the takeover is pending, what happens to this income security?

Q: The contract with Chinese Company was for $ 1,100,000.00 to build 37 lifts. This works out to $ 30,000.00 per lift. Seems cheap to me.Is this a lost leader for future business in China. China will be a huge market for SIS. I really like the deal. Your thoughts please. Sis is projecting revenue growth of 19.1 % and Ebitda growth of 30 %.How much of their production comes from China ? A real winner. Thank you 5I.Bob

Q: I noticed insiders are buying. As you have noted people don't buy because they think the stock will go down. My cost is 8.25 and I think I should either sell or buy more. I know averaging up is best but if one does not want to buy more of their stock when it is down then I feel that is a lack of confidence in the company owned and then obviously it should be sold and absorp the lost and move on. Your thoughts please.

Q: Hi 5i team,

I am currently underwater on BDI can you comment on the recent news below and whether I should continue to hold. If you prefer to wait until 4th quarter results tonight please do so.

Thank you

Black Diamond Group Files Preliminary Short-Form Prospectus for $29M Bought Deal Financing; Cancels Conference Call


13 Mar 2017 09:14 ET



09:14 AM EDT, 03/13/2017 (MT Newswires) -- Black Diamond Group (BDI.TO), a provider of modular work space solutions and workforce accommodations, has filed a preliminary short-form prospectus in relation to the bought deal financing of 7.7 million common shares for gross proceeds of $29 million. The deal is expected to close on or about Mar. 17.

As a result of the financing, the company has cancelled its Q4 2016 results conference call, which was scheduled to take place on Mar. 14 at 11:00 a.m. ET. Black Diamond is scheduled to release its fourth quarter results after markets close on Mar. 13, 2017.

Q: I own DH which is trading below the buyout price ... Is $25.16 the best I should expect , or should I wait for the ex-dividend date ?
also
I own DH debentures...DH CRP E18 CV RD 6%30SP18... should I stick with those , or sell those as well ?

Q: I own a bunch of the 6% cone. debs. I have read the news. release about 5 times and am still confused . Please help.

Q: Hello 5i,
The $25.50 DH buyout is just short of my $26 April Call (figures!!).
Would you suggest I get out as fast as possible while time is on my side?
Would there be any reason for the stock to trade above $26 between now and the sale (besides a better offer)? Thank you

Q: Please provide an update on their earnings.

Q: Good Afternoon 5i,

Can you please provide the consensus REVs and EPS for TOY?

Thanks,
Dave

Q: Auto Canada has recently been recommended on BNN. However reports give the company a strong buy to underperform. I would appreciate your comments. A good long term investment?

Q: Re: Your response of March 8, 2017

What tweet from the President are you referring to ?

Q: Just a quick question on Sylogist. With a good amount of cash, no debt and a nice dividend, at what point - or more appropriately, at what price does one load up on shares? Even if they have a flat year or modest growth as they 'change', they seem very well positioned afterwards.

Thanks in advance,
J.

Q: What companies do you think may be potential acquirers of Sylogist?

Q: Would appreciate your review of recent results and and longer term opinion of this company.
Thanks
John

Q: Could I please have your comments on the MONANTIK announcement and its affect if any on the stock.
Thank You.

Q: I have been holding on to DH in anticipation of the takeover at $25.50 just announced. Do you know when the deal will close? Do you know if the next $0.12 dividend (x-div date is Mar. 22nd) will be paid? In short, is it better to sell now or wait to be taken out?

Thanks so much for your much-valued service,

Bob.

Q: Hi Team, you probably have a few of these questions so feel free to delete if it is creating clutter. What are your thoughts on the DH Corp purchase by Vista Equity Partners? Is it a fair price? It seems fairly opportunistic, do you know much about previous deals Vista has done? Do you see any chance of a white knight emerging? If I'm looking to move on from the position, what do you think is a good replacement for it (either tech or finance)? Thanks, Alex

Q: Did you listen to the conf call? Any further opinion??

Thx

Q: Hi,

A few months ago, you recommended AU.UN as one of the top investments for a combination of growth and distributions. Since then, it has done very well. Do you still perceive AW.UN as one of the top Canadian investments for a combination of growth and distributions?

Thanks,
IF